The name is absent



denote the waiting time until first entry into a two-year and four-year institutions,

respectively. In this case equation (1) above is replaced by

k2y

S(k2y,k4yz,θ2y β4y) = exp- θ2yexp(rr2y + (β2y)z)

r=1

(1')


k4y

-expYy + (βr4y)z)]

r=1

where the parameters in (1N) have interpretations analogous to those described above.

Now, however, we have a quadruplet of location parameters (θ2y, θ4y, θg, θd) with
distribution function G(
θ2y,θ4y, θg, θd). Again, we assume a mass point structure where
each of the N quadruplets occurs in the population with proportion pn:

N
pn = 1.
n=1

When focusing on those first entering four-year (two-year) institutions, those first
entering two-year (four-year) institutions will subsequently be censored in the likelihood
function.5

4. Data

5The likelihood function for the CR2 model can be derived in a manner similar to that for the DCR model
(see Appendix B). For the sake of brevity, however, we omit its derivation in this paper.

12



More intriguing information

1. The name is absent
2. Political Rents, Promotion Incentives, and Support for a Non-Democratic Regime
3. The name is absent
4. he Virtual Playground: an Educational Virtual Reality Environment for Evaluating Interactivity and Conceptual Learning
5. Fiscal Insurance and Debt Management in OECD Economies
6. What Drives the Productive Efficiency of a Firm?: The Importance of Industry, Location, R&D, and Size
7. The Modified- Classroom ObservationScheduletoMeasureIntenticnaCommunication( M-COSMIC): EvaluationofReliabilityandValidity
8. ASSESSMENT OF MARKET RISK IN HOG PRODUCTION USING VALUE-AT-RISK AND EXTREME VALUE THEORY
9. EXECUTIVE SUMMARIES
10. The name is absent